The 12 month low that was reached recently has me under water so $60 would be welcome. Some officers bought the stock for $60+ on the open market a couple years ago and those are off about 40%. Of course no one predicted oil would fall so far and stay there so long.......

Murphy spun off its retail unit in 2013 and paid a special dividend in response to some institutions' suggestions. Now comes GS and UBS downgrades from Neutral to Sell. This is similar to Hess experience of 3 years ago. Sure smells like the stock is being pushed down for a buyout. In any event, it is dead money for at least a year...Sigh!

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